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Key Issue in Pakistan Industry

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Issue:

Miscellaneous

 

Written by:

Goldie H

 

Date added:

April 5, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 872

 

Was viewed:

5590 times

 

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Essay content:

Many of the issues in the industrial sector today have their roots in policies adopted many years ago; so much so, that some analysts and experts blame the problems of today on key decisions of yesteryear. 8.1 Numbers and Trends in Industry The phenomenal growth rate experienced in the industrial sector in Pakistan in the early 1950s took place, from an almost non-existent base, where the growth rate of the industrial sector was doubling itself every few years...
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The extraordinary growth rates of over 20 per cent between 1950 and 1955 in large-scale manufacturing were achieved primarily because very little existed to start with and, hence, any investment and production, no matter how little, would register impressive gains. Only in the early 1960s did largescale manufacturing come close to the extraordinary period of the early and mid-1950s...
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